COVID-19 threatening long-term financial sustainability of senior living facilities

Lavern Vogel

The novel coronavirus COVID-19 is getting a profound influence on the nation’s hospitals as they battle to protected testing and products and to stay afloat fiscally.

Senior living facilities, which reportedly account for a lot more than three,600 of the 27,000 deaths in this state from COVID-19 as of earlier this week, is a further sector of the healthcare market experiencing grave uncertainty.

Some of the problems at this kind of facilities mirror what is actually happening at hospitals. Particular protective products this kind of as deal with masks are in limited provide, and workers at senior living centers are worried about their overall health and the overall health of their residents as they threat publicity on a every day basis. The situation is tense, and having a lot more so by the day.

The issue with senior living facilities, nonetheless, is that they have significantly less prospects for revenue

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